Common use of Powers of the Board Clause in Contracts

Powers of the Board. The Board shall have the power to do any and all acts necessary, convenient or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise. Subject to the other provisions of this Agreement, the Board shall have the authority, on behalf of the Company, to do all things necessary or appropriate for the accomplishment of the purposes of the Company. Subject to the other provisions of this Agreement, the Board shall have full power to act for and to bind the Company to the extent provided by Delaware law.

Appears in 46 contracts

Samples: Limited Liability Company Agreement (Honda Auto Receivables 2012-1 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2014-1 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2012-3 Owner Trust)

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